TSXV:NET.UN - Post by User
Post by
apollojeticon Mar 24, 2022 11:38am
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Post# 34541566
Great earnings and a very low payout ratio
Great earnings and a very low payout ratioThis flies uder the radar like FCD.UN.
Both are excellent reit's with great management. The payout ratio is around 50% so room do another dist. increase for 2023. That would be the 12th in a row. I see very good growth and aqusitions coming and maybe a new issue of shares next quarter.
FCD.UN has the better yield and has also raised its divy recently. They need to improve the payout ratio which will come down as they integrate new aquisitions.
I hold both and look forward to watching them grow. FCD.UN was just added to the TSX as well from the venture exchange.